Perth’s iconic builder, Collier Homes, has ceased operations after over six decades in business. The company entered liquidation earlier this week, joining a growing list of Australian building companies struggling in the post-pandemic environment.
Collier Homes, founded in 1959, was a household name in Western Australia. Specializing in custom home construction, the company had a long and successful history. However, recent industry challenges proved insurmountable.
The Australian Securities and Investments Commission (ASIC) confirmed the company’s closure, appointing liquidators to oversee the wind-down process. Experts point to the ongoing strain on the building industry as a key factor in Collier Homes’ demise.
“Collier Homes is the latest victim of a nationwide squeeze on the construction sector,” said industry analyst Michael Jones. “Supply chain disruptions, labor shortages, and cost escalations have created a perfect storm for many builders.”
The company’s website hinted at these difficulties. A previous post acknowledged the “well-intentioned” government stimulus measures introduced after the COVID-19 pandemic. However, it argued that these programs inadvertently fueled supply chain issues and cost increases.
Dario Amara, the current owner and a second-generation builder himself, expressed his regret at the company’s closure. Collier Homes’ collapse serves as a stark reminder of the pressures facing Australia’s building industry. With the government’s promised interest-free loan scheme yet to materialize, concerns remain for the future of smaller and medium-sized builders.
